Barton Gold Secures $380,000 ADI Grant Disbursement

Barton Gold Holdings Limited has received a $380,000 grant from the South Australian Government's Accelerated Discovery Initiative for its research and development efforts at the Tarcoola Gold Project. This funding supports the company's exploration activities, including ground penetrating radar, seismic surveys, and model validation drilling.

The grant follows Barton's previous award of up to $595,000 in 2022. The financial aid aims to further Barton's understanding of the Tarcoola Goldfield's regional structure. Recent findings include a new regional structural model and the discovery of the Tolmer Gold System.

Alexander Scanlon, Barton's Managing Director, expressed gratitude for the government's support, highlighting the importance of such assistance for small companies involved in high-risk exploration. The Tolmer discovery underscores the potential for accelerated regional development.